Jun 14, 2012, 01.32 PM IST | Source: Reuters

Mukherjee sees inflation between 6.5-7.5 pct in 2012-13

INDIA-ECONOMY-FINMIN:Mukherjee sees inflation between 6.5-7.5 pct in 2012-13

NEW DELHI (Reuters) - Finance Minister Pranab Mukherjee said he is "confident" headline inflation would remain between 6.5-7.5 percent throughout the fiscal year 2012/13.

Headline inflation accelerated to 7.55 percent in May, driven by double-digit rises in food and fuel prices, government data showed on Thursday.

(Reporting by Rajesh Kumar Singh)


video of the day

Revival seen only post 5 quarters; like PSU banks: Emkay

Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.